Odisha government on Tuesday approved four investment proposals worth Rs 348.5 crore which will help create employment opportunities for close to 6,000 people.
The proposals approved belong to a variety of industries including pharmaceuticals, textiles, downstream industries in metals and minerals.
SLSWCA accorded approval to a Kolkata-based pharmaceutical company to set up a unit for production of intravenous fluids at Ramdaspur in Cuttack at an investment of Rs 64.95 crore.
The plant’s production capacity will be 6.36 crore bottles per annum and the project will create direct and indirect employment for 365 people.
This will be the first such manufacturing unit in the pharmaceutical industry of Odisha.